Today I was again looking at IBC / cross-chain messaging, and the more I look at it, the more I feel that crossing a chain is actually packaging a series of trust: do you believe in the light client / validator set, will the relayer forward properly, is the finality of the other chain reliable, and then there’s the bridge contract / multi-signature layer, which basically means “who has the authority to change the state.” Sometimes it looks like just sending a package on the surface, but behind the scenes it’s like signing a bunch of disclaimers... I say I don’t chase highs, but I tremble and go cross-chain to scoop up floor liquidity. The few minutes of waiting for confirmation can break my mood just like macro discussions: when the rate cut expectations change, the dollar index and risk assets both go haywire, and I follow along. Anyway, I still believe, but I’ll cut the amount smaller, so if something really happens, I won’t send myself off.

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin